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Stablecoin heavyweight Circle soars in debut on the New York Stock Exchange
The stock price soared and opened at $69.50, a gain of 124 percent. In afternoon trading, shares traded at $92.68. Circle’s initial public offering is one of the biggest public listings for a crypto-related company in years.
Circle’s IPO highlights crypto’s mainstream shift, with USDC driving revenue and new fintech services expanding its reach.
The timing is razor-sharp. With crypto volatility through the roof, stablecoins are the ultimate safe harbor. Sure, Tether ...
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
Cryptopolitan on MSN18h
Big tech giants Apple, Google, Airbnb, and X explore stablecoin integrationUber’s chief executive, Dara Khosrowshahi, said recently that the ride-hailing company is examining the use of stablecoins ...
In DeFi, a serious USDC rival for Circle is unlikely to emerge anytime soon, according to analysts at investment bank Compass Point.
Payments processing firm Worldpay will allow customers in the US and Europe to make disbursements with Circle Internet ...
The total market capitalization of stablecoins has reached $250 billion. Stablecoin reserves now account for nearly 0.9% of ...
Circle’s stock price soared alongside its IPO, capturing Wall Street’s growing embrace of digital dollars for years to come, ...
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